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please find how much will he be paying at the 7th payment?? 2.7. Mr. Vijay borrows 10,00,000 at 9% compounded annually. Equal annual payments are
please find how much will he be paying at the 7th payment??
2.7. Mr. Vijay borrows 10,00,000 at 9% compounded annually. Equal annual payments are to be made for 10 years. However, at the time of the seventh payment the individual elects to payoff the loan. How much should be paidStep by Step Solution
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